Showing posts with label economy. Show all posts
Showing posts with label economy. Show all posts

Saturday, October 08, 2011

Nobody, But Nobody, Can Make It Out Here Alone


"A witch speaks for those who cannot speak for themselves." - Terry Pratchett 

Beth Owl's Daughter and Maya Angelou's poem said it all today.

We are the 99% and nobody makes it alone. 

Sia

Update: A man named Derek Batchelor wrote this on his Facebook page today: 
No one has been able to explain to me why young men... and women serve in the U.S. Military for 20 years, risking their lives protecting freedom, and only get 50% of their pay. While Politicians hold their political positions in the safe confines of the capital, protected by these same men and women, and receive full pay retirement after serving one term. It just does not make any sense.

... the staffers of Congress family members are exempt from having to pay back student loans...
35 States file lawsuit against the Federal Government

Governors of 35 states have filed suit against the Federal Government for imposing unlawful burdens upon them. It only takes 38 (of the 50) States to convene a Constitutional Convention.

...For too long we have been too complacent about the workings of Congress. Many citizens (have) no idea that members of Congress could retire with the same pay after only one term, that they specifically exempted themselves from many of the 6ylaws they have passed (such as being exempt from any fear of prosecution for sexual harassment) while ordinary citizens must live under those laws. The latest is to exempt themselves from the Healthcare Reform... in all of its forms. Somehow, that doesn't seem logical. We do not have an elite that is above the law. I truly don't care if they are Democrat, Republican, Independent or whatever. The self-serving must stop.

Related Links: 

Untying Injustice: A review of Thich Nhat Hanh's story, The Novice

Amplifying this resonance of folk story with the author’s own story, his long-time friend along the Path, Ven. Sister Chan Khong brings to light how he’s dealt with incredible adversity, much probably unknown to most readers. This ranges from lethal violence leveled at his grassroots, nonpartisan social work during America’s war in his native land (aka the Vietnamese war), to the recent brutal repression of his disciples there, after he’d weathered out his 40-some-year exile. The volume is capped with his own summing up.

Art: She Who Watches

Wednesday, October 22, 2008

Rustic Field Houses & the WPA: Notes on History and Hope.

Times are hard, jobs are scarce, more people are becoming homeless, and folks are scared. This morning I read a moving article by a once well-to-do man who is now sleeping in his car and another about a brave sheriff who refused to evict innocent people from their homes. More women with children appear at shelters and more elders on fixed incomes worry about affording both heat and groceries, while grandmothers are going bankrupt. In loosing everything they have, these elders can leave little to their children, who as a group have not saved much for their own retirement. The grasshoppers have been counting on the ant generation only to find that a financial climate change puts everyone - savers and spenders alike - in danger.

As I read the news and count my own pennies I remember that we've been here before as a nation, and we found a way to create jobs and help those in need. I hope and believe that we can do this again.

During the Great Depression, President Roosevelt used the WPA
(Works Progress Administration) to help create jobs, and shore up our infrastructure by repairing our roads, bridges and government buildings. (1) In so doing, he kept many people off the streets. The WPA also added to our country's collection of architectural and natural treasures. If you have ever stayed in a national park, you may have seen one of the buildings created during that time. You may have even stayed in the type of WPA era buildings known as a Rustic Field House.

The Seattle Times tells us that the Rustic Field Houses built by the WPA

....carried on a long-held tradition — the emphasis on harmonious design with a low impact on nature — that had its roots in the public park movement of the mid-19th century, the ideals of the Arts & Crafts Movement, and development of national parks at the turn of the 20th century. Old Faithful Inn, completed in 1902, is often credited with having influenced early parks buildings with a shared vocabulary of regional stone foundations and chimneys, and rafters, posts and beams made of exposed local logs and timbers.

It was a perfect fit. The Arts & Crafts Movement favored the beauty and honesty of traditional hand craftsmanship, the use of natural materials, and emphasis on simplicity.

One of the most beautiful examples of these is Timberline Lodge at Mt Hood in Oregon. A friend got married there several years ago. It was one of those weddings you are honestly happy to attend, and there was much rejoicing. While her reception went on upstairs, I walked outside and stood at the great stone balcony in front of the lodge where Franklin Roosevelt once stood. It was a clear spring night, rich with the scents of forest, field and water. I watched a full moon rise and spread it's gentle light over the valley. I could hear soft, romantic music coming from the open windows upstairs, and as I stood there I thought about the skillful, strong people who had built this place from the stone setters and iron workers to the weavers, quilters and carpenters. They must have been glad for the jobs that fed their families when so many others were hungry. I like to think they would be happy now to know that other generations would make their vows in this beautiful place.

The group of friends who were there that night have very different skills from the people who built it, but they are, I believe, equally creative, hardy and fine We are all going to need our many strengths and skills in the coming days. As winter approaches, I often think about the generation of the Great Depression (my own grandparents and parents) and how they got through it. The Times reminds us that

The WPA coordinated programs of various federal agencies that provided work to the unemployed during the Depression. WPA merged with the Public Works Administration in 1940 to become the Federal Works Agency. By 1941, the agency had employed more than 8 million people — a fifth of all workers in the country. In about nine years, it completed more than a quarter of a million projects encompassing nearly every field of economic and social activity. In King County, these programs left a valuable legacy of artistic, literary and historical accomplishments, as well as a wide range of public works — roads, bridges, docks, sidewalks, flood-control projects, parks, schools and public buildings included.

If you live here or plan to visit the Pacific Northwest, take some time to see one of these beautiful lodges. There is beauty here, and history and peace. Some of the courage these people brought to their work went into these stones. If they could look back, I think they would now be glad that in building this place, they have also helped to save a great part of this splendid mountain range from developers, who's greed and short sightedness rivals only that of their Wallstreet colleagues. Both of these powerful groups needed parental supervision and neither got it. I don't want that to be my generation's legacy; it's time to build something better.

Will green jobs, infrastructure repairs and advances in medicine and high tech be a part of a new WPA? Right now, it's hard to know but I believe there is hope on the horizon - what we need now, is will. In a time of such economic hardship (with worse, it seems to come) it is helpful to remember that the government was once creative, proactive, and actually useful to people in times of need. It can be so again.

Sia

Additional Articles & Links

WPA- When FDR Put America To Work

Arts & Crafts Movement

Great Lodges in the American & Canadian National Parks

Craft In America - Artwork in the Lodges

Photos:

Handmade Oak leaf tile and Stag tile (modern versions done in the Arts & Crafts style) by Carreaux Du Nord Studio in Wisconsin

Interior, Timberline Lodge, Mt Hood, Oregon

Endnotes:

(1) The WPA even employed artists, actors and writers, believing those folks to be a necessary part of our cultural fabric. What a concept.

Wednesday, October 15, 2008

Want A Job? How About Saving the Planet?


The Iberian Lynx Could Use A Hand...and A Lot More Rabbits: (1)

The BBC reports that "More than 8,000 conservationists and policy makers are in Barcelona, Spain, for the IUCN World Conservation Congress."

The focus at this congress is both broad and deep. It involves not just saving wildlife but changing the way conservation works.

Richard Black writes:

Saving the planet now needs lawyers, economists, engineers, chemists, politicians, as well as those steeped in the traditional disciplines..

The great fields of the green world now contain lawyers, to draft environmental treaties and laws and make sure people obey them. Economists calculate the financial costs of nature loss and the benefits of sustainable businesses.

Engineers work out how to re-invigorate dying watercourses. Communications chiefs look for new ways of getting the word out. Hunters run sustainable trophy-hunting schemes that raise money for conservation.

Gender specialists engage women in conservation in societies where they may not have a lot of power. Entrepreneurs leverage funds - a term you would never hear from an ecologist - for green technologies.

It's a rich ecosystem.

And it's virtually an open door. Just make sure you have a skill to bring, plus the commitment to work long hours for far less money than you could earn elsewhere, [Sia's note: don't a lot of us do that already?] and the environmental family will find a home for you somewhere.

Ecotopia

The Daily Green tells us that people who have been downsized are finding jobs in the green sector.

In many ways, Jobson's career mirrors that of the nation. Given Jimmy Carter's historic efforts to promote energy conservation (not to mention that pesky oil crisis), things were looking pretty green, and the U.S. was the world leader in solar power, wind energy and other green tech areas, with hundreds of start-ups and thousands of high-paying jobs. But then Reagan and the go-go, booming, me-generation 80s hit like a bad hangover.

Now, with even more complex energy problems and the growing threat of global warming, clean tech is starting to get another look, on a broad scale. "We're going back to the same principles we should have learned before, and there are business opportunities again," says Jobson.

Wind Jobs, Ecotourism and the Economy:

In Green Inc., Kate Galbraith writes about energy, the economy and the bottom line when it comes to wind power in A Gust of Green Jobs. Meanwhile, the Ecotourism Awards for 2008 were presented. Click on the link to read about the winners.

Sia

Endnotes:

(1) Lack of Curiosity May Kill Most Endangered Cat

The lynx has managed to survive for so long in Spain in part because it has always shared the Iberian Peninsula with another emblematic Spanish species — the rabbit.

The Phoenicians, the great trading empire of the Mediterranean from 1000BC, named the Iberian Peninsula "Hispania" (Land of the Rabbits) because they found so many rabbits when they arrived.

Why this matters to the Iberian lynx is that rabbits account for 90 per cent of its diet. Without rabbits, the lynx would, en masse, starve to death.

Difficult as it is to imagine...the rabbit is considered endangered in Spain...If declining rabbit numbers have placed the lynx under threat, however, it is humans who will most likely cause its final extinction. Of all lynx deaths since 2000, almost 80 per cent were caused directly by humans.

Related Articles:

The Amazing Iberian Lynx

Photo: Iberian Lynx (AP) used at The Age.

Saturday, October 11, 2008

Mad Dogs and Nasdaq Crawls



So I walk into my local Wells Fargo bank yesterday and they have Fox News playing on the large flat screen TV in the lobby. It hovers like the Eye of Mordor over those of us standing in line.

Fox News? Are you kidding me? McCain/Palin rallies are beginning to look like lynch mobs and these clowns are fueling the fear and hate. Am I overstating the case? I don't think so. In a little town in Western Oregon not too far from Portland, on the campus of a predominately white, conservative, evangelical Christian university, an effigy of Obama was recently hung from a tree.

The four students involved have since been suspended for one year...but not expelled. (2)

Two Pagan friends of mine live near that little town. They are a lesbian couple. One works as an executive at a large company and the other is a retired member of the U.S. military. (Thank you for your service, D.) They moved there from California in order to enjoy a more rural lifestyle with their spoiled cats, one rescued cattle dog and several plush alpacas. When they bought their little farm they thought they'd found a peaceful paradise in a well educated, green-minded state. What they really found in Newberg was a Christian Only zone. You can't spit in this town without hitting a church of some kind, a conservative, republican church, at that. My friends (who are out and proud) would be more worried about their safety living there if they didn't know that the different Christian sects in town all despise one another and they just can't organize long enough to do much harm. Let us hope it stays that way.

The Least of These
OR
Why Doesn't This "Family Values" Town Have A Decent Animal Shelter?


George Fox University was originally founded by a pastor of the Society of Friends (also known as "Quakers"). GF was named after the forward thinking Founder of the movement. Currently, only about 5% of it's student body are Quakers and this story might be very different if there were more of these folks at the school.

The school attracted other Quaker farmers to Newberg, set as it is in the fertile lands of the Willamette Valley. The area is known for it's many prosperous farms, well heeled retirees, and world class wineries and a world famous rehab center where celebraties like Robin Williams (Goddess bless him) come for help. A local family is building an European-style hotel, spa and conference center there in order to attract more wine-loving visitors from abroad. Wealthy Christians here are active in a number of projects, most of them have to do with spreading their faith. This is typical. For all the money you'll find in Newberg, you also find a very narrow focus. My friends - both animal lovers and rescue volunteers - tell me that Newberg's "animal shelter" remains as it has been since it was built by high school students as a community project in 1975; a little tin shack, surrounded by a chainlink fence. It boils in summer and freezes in the wintertime. It can house up to six to eight dogs at any one time in an area in which thousands of dogs are homeless, lost, abused or abandoned every year. The cats sit nearby in small cages or carriers and they can see the dogs, and hear their loud, frantic barking all day long. The only Animal Control Officer there (a highly dedicated, hard working and compassionate woman in her 70's) does what she can, in a large, well populated county, one filled with farm animals, wildlife, countless stray dogs and thousands of cats. Crime and cruelty abound in this area, cursed as it is with meth addiction; animals, women and children here suffer in more or less equal proportion. The shelter adopts out as many animals as they can to good homes (click here for their available pet list). They get some help from a little pet shop in town, which helps find homes for stray kittens and cats that come into the shelter. A "Friend's of the Animal Shelter" group has tried to raise money for the shelter for years...and years...and years. I'm told that donations never quite keep up with rising costs and the dream of a new shelter for Newberg is still that, a dream. The odd student from George Fox will sometimes help out at the shelter, but it's a tough, dispiriting job, and they usually can't handle it for very long. Didn't Jesus say: "Whatsoever you do to the least of these, you do unto me"? But well-to-do Christian Republicans in Newberg just can't seem to find a way to help the most innocent and helpless among them.

The Other Is Not Welcome Here


The college where the incident occurred is now owned, run and controlled by evangelicals. They might be good people - I wouldn't know. My friends know they are not welcome there, and do not attend events on campus. In order to work or teach at this school you must sign a form declaring that Jesus Christ is your personal savior (1) - something that would have appalled George Fox himself - and as much as I love to be involved with interfaith work, I have little patience with Newberg and the insular, narrow minded attitudes one finds there. Their idea of diversity would involve a Baptist working with a Lutheran. These are people who think Bill Moyers is a radical. So it goes.

Don't Panic !!!

So, here I am, standing in line in my local bank after visiting these friends and hearing from them that the students who hung an image of Obama from a tree have not been expelled. The national and global news is also bad. I'd give this a 10 on a no good, terrible, very bad economic day and I'm not happy, not happy at all. That's when I get in line and see Fox News beaming their hate down on me and everyone like me.

Yes, I complained. I was told by a branch supervisor that "Corporate" only allows them a choice of two channels: MSNBC ("in the tank" for Obama, I'll admit) & Fox News (AKA the fanatical, hard right supporters of The Church Lady and that grumpy old guy; people who would like nothing more then to see me and mine in camps). For the record: The bank teller who was serving me said she wished they would change the channel to MSNBC. (That, in front of her uptight supervisor - You go, girl). As for me, I see no reason why either Fox or MSNBC (Love your work, Rachel) should be featured in my bank. My bank is a place of business. I go there to put money in, and, these day, to take money out.

Just why do bank patrons need a large flat screen TV in the lobby? Is it meant to distract us from the long faces of those around us? Maybe they should just put up a sign that says "Don't Panic".

The bank's stated reason for their choice is that "both stations show the
NASDAQ news crawl at the bottom of the screen". Note to Wells Fargo: So does CNN. (Not that I'm all that fond of CNN these days - Glenn Beck? What are you people thinking?).

Like I said, I was having a bad enough day already. Now I have to see both the latest nasdaq numbers (adieu 401K, hang in there IRA) and watch Fox at the same time? Harsh! I say the hell with it, put on Comedy Central. It's one of the few places you can find real news anymore.

But since our corporate masters have decided we must watch Fox while our net worth disappears and since their disinformation fuels the fires here at home, let's go with the flow, let's focus on Fox. But let's talk about things Fox doesn't want to talk about, for example, why so many veterans are for Obama, why McCain gets a D from these same veterans and why Sarah Palin looks more and more like a Mad Dog:


...watching Palin's speech, I had no doubt that I was witnessing a historic, iconic performance. The candidate sauntered to the lectern...and immediately launched into a symphony of snorting and sneering remarks...It was like watching Gidget address the Reichstag.

Right-wingers of the Bush-Rove ilk have had a tough time finding a human face to put on their failed, inhuman, mean-as-hell policies...The great insight of the Palin VP choice is that huge chunks of American voters no longer even demand that their candidates actually have policy positions; they simply consume them as media entertainment, rooting for or against them according to the reflexive prejudices of their demographic... A classic example of what was at work here came when Palin proudly introduced her Down-syndrome baby, Trig, then stared into the camera and somberly promised parents of special-needs kids that they would "have a friend and advocate in the White House." This was about a half-hour before she raised her hands in triumph with McCain, a man who voted against increasing funding for special-needs education.

Where Have All The Issues Gone?

Meanwhile, Kai Wright at The Root argues that McCain's hate filled campaign cannot be covered as mere "political hardball". The language used by McCain/Palin these days is not a debate it's an attack. The Nazi's knew the difference, why don't we? They called the effective use of propoganda "The Big Lie". So while we're all watching Fox at Wells Fargo, let's try something new. Let's call the ones who lie, liars and call out hate speech against "the other" as the racism, hatred and intolerance it so clearly is. Let's have a real election on the issues, and get down to fixing our problems. I, for one, would like put our taxes into things that matter, like good schools and animal shelters.

...and somebody please get Fixed News outta my bank.

Sia

Illustration by Victor Juhasz

Related Articles:

Jesus Was A Community Organizer

Inspiring Bigotry On the College Campus

Biography of George Fox

The Christians and the Pagans

Inclusion & Acceptance

Endnotes:

(1) To their credit, they have sent a formal apology for this incident to Senator Obama and invited him to come speak. This prompted the Oregonian to write:

....even if the senator cannot come in person, it's possible to imagine all of this rebounding in his favor, by seeding a Democratic group on campus.

That, at George Fox, would be diversity. It's never easy to go against the mainstream, not in academia, and not anywhere else. But a few brave souls should take the college Republicans up on their challenge.

(2) Yes, the Secret Service has been to town to investigate. Trust me, these kids are now on their list and they can probably forget about ever getting any sort of classified clearance or government job.




.

Tuesday, September 30, 2008

The Wife John McCain Left Behind


Since we're talking about character and family values, let's take a look how John McCain treated his first wife. I'd say it's pretty much the same way he has treated the economy (1):

...There is another Mrs McCain who casts a ghostly shadow over the Senator’s presidential campaign. She is seldom seen and rarely written about, despite being mother to McCain’s three eldest children...She is McCain’s first wife, Carol, who was a famous beauty and a successful swimwear model when they married in 1965.

She was the woman McCain dreamed of during his long incarceration and torture in Vietnam’s infamous ‘Hanoi Hilton’ prison and the woman who faithfully stayed at home looking after the children and waiting anxiously for news.

But when McCain returned to America in 1973 to a fanfare of publicity and a handshake from Richard Nixon, he discovered his wife had been disfigured in a terrible car crash three years earlier. Her car had skidded on icy roads into a telegraph pole on Christmas Eve, 1969. Her pelvis and one arm were shattered by the impact and she suffered massive internal injuries.

When Carol was discharged from hospital after six months of life-saving surgery, the prognosis was bleak. In order to save her legs, surgeons had been forced to cut away huge sections of shattered bone, taking with it her tall, willowy figure. She was confined to a wheelchair and was forced to use a catheter.

Through sheer hard work, Carol learned to walk again. But when John McCain came home from Vietnam, she had gained a lot of weight and bore little resemblance to her old self.

Today, she stands at just 5ft4in and still walks awkwardly, with a pronounced limp. Her body is held together by screws and metal plates and, at 70, her face is worn by wrinkles that speak of decades of silent suffering.

When McCain – his hair turned prematurely white and his body reduced to little more than a skeleton – was released in March 1973, he told reporters he was overjoyed to see Carol again.

But friends say privately he was ‘appalled’ by the change in her appearance. At first, though, he was kind, assuring her: ‘I don’t look so good myself. It’s fine. (Then).... ‘John started carousing and running around with women,’ said Robert Timber...despite his popularity as a politician, there are those who won’t forget his treatment of his first wife.

Carol insists she remains on good terms with her ex-husband, who agreed as part of their divorce settlement to pay her medical costs for life. ‘I have no bitterness,’

...She says. ‘My accident is well recorded. I had 23 operations, I am five inches shorter than I used to be and I was in hospital for six months. It was just awful, but it wasn’t the reason for my divorce.

My marriage ended because John McCain didn’t want to be 40, he wanted to be 25. You know that happens...it just does.’

- from the Mail On-line

Based on his actions and comments to date, I'd say he has yet to grow up.

Sia

Related Links:

McCain's broken marriage and fractured Regan friendship

The Real McCain

Cindy McCain's Fortune

Related Articles:

A Biography of John McCain (humor from the Daily Show)

A Barbie Girl for John McCain (humor & commentary)

Endnotes:

(1) Short Video: John McCain: Economic Disaster by Robert Greenwald

Friday, March 28, 2008

Change - For These Women, It's Personal

We are not the only ones hungry for change. From the BBC


In better days, many of these women led very different lives - among them a policewoman, a soldier, and a bank official.

Now they huddle in the doorway of a brothel in the downtown area, waiting for customers.

"I feel a very deep pain just to think that I was once a businesswoman," Maria said.

"And now I am a mere prostitute. Can you imagine?

"I ask God to forgive me and just to give me something, so that my kids will have something to eat.

Ask Zimbabweans scraping a living in neighbouring Zambia how they intend to vote in Saturday's elections in their homeland, and many will give you the same reply: "For change."

As in other countries we could name, incompetence, poor planning, arrogance, old grudges and greed are part of the problem. From a Daily News Editorial titled Man-made ruin in Zimbabwe

It's hard to see what more Zimbabwean President Robert Mugabe could do to ruin his country, but the relentlessly incompetent strongman still had one more trick up his sleeve, one of the few in that forlorn country that isn't tattered and threadbare.

Unemployment is 80 percent. Inflation is over 100,500 percent. The Zimbabwean dollar has been trading at a rate of 25 million for one U.S. dollar.

Returning to the capital of Harare where he was once based, Toronto Globe and Mail correspondent Michael Valpy wrote, "The former gem of Africa, once prissy in its orderly efficiency, is now sinking into a rank detritus of uncollected garbage, potholes, broken traffic lights and collapsing public services."

Zimbabwe's descent from prosperity began in 2000 when Mugabe ordered the seizure of white-owned commercial farms, the economic backbone of the country. The farms went largely to Mugabe's cronies rather than to black farmers who might have made a go of them.

The farms fell into ruin and now Zimbabwe, once a major exporter of food, is dependent on international charity for its staple, corn meal. Fully one-third of its 12 million people are wholly dependent on international food aid.


Aids is also a major factor. From Development Outreach: (1)

Currently, there are close to a million orphans of AIDS in Zambia alone, an especially disturbing fact given that Zambia has a population of only 10 million. in certain major cities up to one in three adults is infected. In 2001 alone, an estimated 120,000 people died of AIDS-related diseases.

from the BBC article:

Maria has more reason than most to feel bitter about where Robert Mugabe has led his country.

Once the proud owner of a hair salon, she now works as a prostitute - driven to this by hunger, poverty and the need to support her family.

Recently Maria watched her 29-year-old niece die - needlessly, she believes.

"She passed away in December," she said. "She needed a lot of food and I had no food.

"She was getting some treatment for TB, but the hospital had no blankets, and no food to give her.

"We had to look for food to give her. You could see this person was dying not because of the illness, but because of the situation."

I asked Maria if she had a message for her President. Her reply was swift: "Please just retire."

Here's to change for the better, both here and abroad.

Sia

Links:

Shop for Fair Trade Products from Zimbabwe
(Note: Full Circle is not allied with this company, nor have we received any products or funds for this link. As always, shop with caution and common sense)

Country Profile: Zimbabwe

Art: Water by Paul Olaja

Endnotes:

(1) People making their own change (from the Development website)


...Many people are responding to the problem in innovative and effective ways. The Kwasha Mukwenu (Help Your Neighbor) group, in one of the poorest compounds of Lusaka, the capital city, is one of hundreds contributing to the fight against the impacts of AIDS. Twenty women engage in income-generating activities, such as tie and dye, and baking, and receive donations to provide schooling, food, and medical assistance to over 2000 orphans in their community. Another project, Mulele Mwana (Look after the Child), teaches skills including tailoring, carpentry, and computing to orphans who have to drop out of school and, like Kambole, have to care for themselves and their siblings. The Ipusukilo (Where You Can Be Saved) project on the Copperbelt provides alternative-to-sex-work sources of income to young women, many of whom are struggling to head households.

Tuesday, February 19, 2008

The Big Chill Comes to Home Equity Lines: Why Pagans Care



All across the country, Home Equity lines of credit are being frozen by the banks and lenders that hold them. This will be hard on folks who planned to use this money to pay for their child's college education or, if they are older, their own home repair, retirement or re-training plans.

What does this mean for the Pagan Community? For one thing, it will make it harder for Pagans of means to finance events and groups out of their own pockets, as many have done in the past (my humble self included). It will also make it harder for Pagans to purchase land for retreat sites as many have done or have planned on doing. Donations by Pagans to groups, causes and charities they support will go down, as could attendance at festivals. Pagan brick and motor stores - which tend to serve as our gathering places and classrooms - will suffer as will Pagan non-profits, which rely on donations and support from their members. Donations to Pagan-friendly political candidates will also suffer a decline.

The Denver Post states that:

By the time the letters landed in mailboxes, home equity lines were already frozen. Checks, credit cards or other withdrawals on lines were forbidden, according to a copy of the letter.

Mortgage borrowers (are) freezing their existing home equity lines or reducing their lending limits because of declining home values.

The freezes prevent homeowners from tapping an important source of emergency funds, and if they expand, they could worsen the current economic slowdown, some analysts fear.

Washington Mutual, Chase and Wells Fargo, the largest bank in the state, are reported to be reviewing home equity line freezes or credit limit reductions on a case-by-case basis. Other lenders are expected to join them.

Borrowers likely won't be able to easily replace the lost home equity lines, unless they can prove their home values haven't declined, said Lou Barnes, owner of mortgage lender Boulder West Financial Services.

To make matters worse, County Wide and other lenders are rumored to have posted artificially high valuations on homes when opening such loans. As a result, the home owners (who were delighted at that time to see how much their home was worth on paper, even as home sales declined) are now unable to show that their home may have held it's real world value rather well.

Even home owners in places like Silicon Valley in California - where the decline has been less severe - are feeling the pinch.

This sort of thing makes investors nervous and the ripple effect will be felt throughout the country. An article for the Asian Times titled Wealth destruction gathers pace says this:

The banks were selling off their hundred-year or more reputations for honesty and probity in order, as was the true spirit of the time, to get rich fast, and, whatever they may say now, while they were doing so they loved every minute of it.

...And so was fueled the first great economic boom of the 21st century. Core economic theory states that too much money seeking to buy too few goods produces inflation, but with Chinese production holding down the prices of everything from tennis rackets to tubas the impact of the added monetary firepower never really made it into the inflation and cost of living statistics. Where it was felt, however, was in the market for real estate in America and in much of the rest of the Anglo-Saxon world. Chinese manufacturing became skilled in producing the goods that Americans wanted to buy, but it couldn’t produce those monstrous six-bedroom 4,000-square-foot New England colonial/Southwest adobe fusion styled houses (Americans left that task for the illegal immigrants it imported from Mexico; see "Exurbia: Built on paradox and hypocrisy, Asia Times Online, March 29, 2007) that sprawled across the landscape like kudzu, and more importantly China couldn’t produce new vacant land that the houses would sit upon.

....Everybody knew that, in the long term, annual home price rises of 20% or more in the hottest local markets couldn’t last, that they were unsustainable. Still, like denizens of a Roman orgy in Pompeii seeing Vesuvius start to belch and rumble, the insane pleasures of the present were just too exquisite to entertain any thoughts of the catastrophe soon to be bearing down upon them.

As, Hecate notes, times like these are hardest on women. This situation will also be difficult for our home owning Elders, who have looked to sell their homes to help fund their retirement.
Hecate writes:

I haven't seen any figures yet that break down this kind of increasingly-common bad news by sex, but women tend to suffer more during bad economic times, for a number of reasons. First, women still suffer from the "last hired, first fired" policies that a number of companies employ, as women tend, more than men, to drop in and out of the workforce to care for children and/or elderly parents. Second, women often face discrimination when they apply for credit, finding themselves paying higher interest rates at worse terms. Third, women tend more than men to depend for a portion of their family income upon absentee parents and, when those men lose their jobs or face financial difficulties that impact their second (or third) families, their childcare payments are often the first thing to go.

She offers some good advice on getting through hard credit times. Check it out at her blog.

...and hang in there,

Sia